CHINA China's vaccination plan forecast to help GDP grow 9.3 pct: media

CHINA

China's vaccination plan forecast to help GDP grow 9.3 pct: media

Xinhua

14:42, April 01, 2021

BEIJING, April 1 (Xinhua) - China's vaccination plan against COVID-19 is forecast by Oxford Economics to pave the way for the country's economic growth rate to reach 9.3 percent this year, according to media.

(Photo: CFP)

China aims to vaccinate 40 percent of its 1.4-billion population against the coronavirus by the end of this June, said Zhong Nanshan, a leading expert in China's respiratory disease research, in a forum in March.

Business confidence and consumer spending will improve should China be able to achieve its targeted rate, which the Oxford-headquartered economics services provider estimates will require inoculating 10 million people a day, Bloomberg reported Tuesday.

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